Market Comment | Cautiousness amid trade pessimism
Published on Monday, October 7, 2019
Market Comment | Cautiousness amid trade pessimism
Summary
Caution prevails in financial markets ahead of the resumption of trade talks and FOMC meeting minutes.
Key points
- Key points:
- China narrowed the scope of topics of any potential trade deal.
- UST bond yields inched up, especially in the shorter tenors.
- Stock indexes were mixed.
- EM currencies depreciated.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Authors
Vitor Sun Zou
Cristina Varela
BBVA Research - Principal Economist
Documents and files
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